Capstone’s students average first time passing rate varies from
78% to 82%
Online schools are showing a passing rate of around
58%
We have 2 seats available left fro Fridays Class
Dec 13, 14, 15th
$395.00
Early online registration gets you garranteed seating.
We have successfully trained 100’s of students who’s primary language was not English. If you have a basic grasp of conversational English we can assist you passing your NMLS testing.
After registering for class the student will receive a welcome letter. It will contain pertinent information covering directions, how to get your NMLS ID #, what to bring to class. Everyone receives their printed manual and other materials on the first day of class.
We strongly advise you wait until you have passed your NMLS national test and have been offered a loan originator position with a licensed Broker or Lender.
See The NMLS Test Topics You’re Required To Know Prior To Testing The NMLS national test of 100 questions is combined with the UST ( Unified State Test) of 25 questions. The required passing score for both parts is 75%. The testing is administered by Prometrics with testing locations throughout the US.
The NMLS national test of 100 questions is combined with the UST ( Unified State Test) of 25 questions. The required passing score for both parts is 75%. The testing is administered by Prometrics with testing locations throughout the US.
NMLS requires as a precondition of being licensed as a loan originator, that all individuals have their personal NMLS personal ID #. This is very important because, without your ID # , we will not be able to give you credit for completing your training. Reading your NMLS Loan Originator handbook is also highly advisable.
Matt attended Capstone’s Friday class but because of a snow storm the next day, Capstone was forced to move that class to the following weekend. But Matt already had his national test schedule and couldn’t wait for the next rescheduled class. So Matt reviewed his Capstone and took his test 3 days later and scored a 95%,
Typically Capstone’s students taking the NMLS national test for the first time are expierencing a pass ingrate of 78% to 82%.
The NMLS Pre-License Education training offered at Capstone is beneficial for many reasons! Learning in a classroom environment is vastly superior to learning online.
Very few companies offer live classroom training because of the expense of maintaining the training facilities and they need to go after a larger group of people. The difficulty with online training is that it’s not as effective as a classroom.
The NMLS Pre-Licensing Course is a mandatory training class that is required to be taken if you’re planning on working for a mortgage broker or mortgage lender. If you are going to work for a bank, savings and loan or credit union you are not required to take this course. The NMLS pre licensing course is designed to prepare you to pass the NMLS national course.
Yes, Capstone Institute is one of the very few schools that offers the NMLS pre-licensing in a live school room environment. Capstone Institute offers this only once per month in Atlanta GA and the class is limited to 20 students.
A classroom-led NMLS Pre-Licensing Course is a traditional learning experience where you and your instructor are in the classroom together. Live classroom training promotes a better learning experience because if you have a question, you just raise your hand. No waiting for your online instructor to choose or not to choose to answer.
Yes, after successfully completing the NMLS Pre-Licensing certification class, you will receive a certificate that is required for NMLS licensing.
The course is a mandatory 20 hours and Capstone Institute covers this over 3 days. Capstone classes are traditionally held Friday-Saturday-Sunday.
No specific prerequisites are required, but if participants have had a felony conviction they may be denied licensing.
Individuals having a felony conviction of any type should contact their State Depart of Banking & Finance for clarification.
The course covers federal mortgage laws, loan origination, ethics, afraud nd all required topics as specified and approved by the NMLS. Capstone’s training materials include your printed 500 page reference manual plus Capstone’s daily highlighted power point notes.
Most schools only offer online remote classes. The world wide web is currently posting that only 55% of individuals pass their national test the first time.
Capstone’s first-time passing rate averages between 78% and 82%.
If you have access to Atlanta GA and want better odds than 55% ‘ consider live/ in classroom training first.
You can register directly on the Capstone Institute website or click here to go to their information and registration page.
Classroom-led courses provide direct interaction with instructors and their students, which can enhance understanding and retention of the materials. All Capstone instructors have over 35 years of industry experience.
ABOUT CAPSTONE INSTITUTE
As one of the very first mortgage education centers, Capstone and our instructors have helped set the standard for mortgage education, training and preparation for industry-related exams.
